Advisor to
ufis_to_bertelosteen
April 2010

Airport Innovation sold to Bertel O. Steen Sikkerhet

Press release UFIS Airport Solutions:

UFIS-AS Sells Baggage Handling Subsidiary to Focus on Core Business.

OSLO, April 30, 2010 – UFIS Airport Solutions AS (UFIS-AS), a leading provider of airport management systems, announced today that it has sold its subsidiary Airport Innovation AS to DSG Systems AS in an asset sale.

Airport Innovation AS is a provider of high-level control software for airport baggage handling systems.

“The sale of our baggage handling business will allow UFIS-AS to focus on our core mission to become the clear industry leader in the airport management systems sector,” says Anders Sagadin, President and CEO of UFIS-AS.

The terms of the agreement are confidential.

 

About UFIS Airport Solutions

UFIS Airport Solutions is a well-respected player in the airport information technology domain. The company’s airport experts are known for their innovative approach and long-term experience in airport business process engineering and the provision of airport operational IT systems. Its product the Universal Flight Information System (UFIS®) is operating at many airports worldwide, including Athens International Airport, Greece; Lisbon International Airport, Portugal; Changi.